Welcome Finance Help

[enaid]

Re: Welcome Finance Help

it states on there Total amount payable for goods is A+R+V
A is M-R = 4900- 400 =4500 R being your part ex allowance.
V is credit charge for goods
So A= 4500 + R = 400 + V =3299.68 = 8199.68
so they have put your part exc allowance figure back into the amount payable

[christof21]

Re: Welcome Finance Help

it states on there Total amount payable for goods is A+R+V
A is M-R = 4900- 400 =4500 R being your part ex allowance.
V is credit charge for goods
So A= 4500 + R = 400 + V =3299.68 = 8199.68
so they have put your part exc allowance figure back into the amount payable

This is exactly my point. The figures on the agreement don't add up at all, and what they are saying I owe them, doesn't bear any relation to anything.

It's really starting to annoy me. I have the car sat on my drive, not doing anything, but I refuse to pay them £700.

What can I do?

[enaid]

Re: Welcome Finance Help

I am sorry I have not been much help to you on this matter, here is some info all about hire purchase etc, hope you find the answer in there. National Debtline England Wales | Debt Advice | Factsheet 16 How To Deal With Hire Purchase Debt
Enaid x

[christof21]

Re: Welcome Finance Help

I am sorry I have not been much help to you on this matter, here is some info all about hire purchase etc, hope you find the answer in there. National Debtline England Wales | Debt Advice | Factsheet 16 How To Deal With Hire Purchase Debt
Enaid x

No problem enaid. Thanks for your help, and I'll certainly take a look at the link you posted.